Indian skipper Mahendra Singh Dhoni is all set to be seen with a new bat sponsor and he isn’t settling for anything less than Rs 8 crores.

According to a report in Times of India, three companies want to sign up Dhoni and if Dhoni is ready to advertise their apparel and other merchandising deals, then the company has to shell out more. Also, Dhoni is likely to be paid royalty for sale of products.